FirstCash Holdings, Inc. (NASDAQ:FCFS) CFO R Douglas Orr Sells 2,000 Shares

FirstCash Holdings, Inc. (NASDAQ:FCFS) CFO R Douglas Orr sold 2,000 shares of the firm’s stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $105.68, for a total value of $211,360.00. Following the completion of the transaction, the chief financial officer now owns 88,715 shares in the company, valued at $9,375,401.20. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

FirstCash Stock Up 0.9 %

Shares of FirstCash stock traded up $0.96 on Tuesday, reaching $107.08. 164,134 shares of the company were exchanged, compared to its average volume of 247,362. The company has a market capitalization of $4.79 billion, a price-to-earnings ratio of 19.83 and a beta of 0.64. FirstCash Holdings, Inc. has a one year low of $101.62 and a one year high of $133.64. The company has a 50-day moving average of $113.74 and a 200 day moving average of $113.53. The company has a current ratio of 4.31, a quick ratio of 3.23 and a debt-to-equity ratio of 0.87.

FirstCash (NASDAQ:FCFS) last released its quarterly earnings data on Thursday, October 24th. The company reported $1.67 EPS for the quarter, beating the consensus estimate of $1.62 by $0.05. The firm had revenue of $837.30 million for the quarter, compared to the consensus estimate of $843.94 million. FirstCash had a net margin of 7.29% and a return on equity of 14.97%. The company’s quarterly revenue was up 6.5% on a year-over-year basis. During the same period in the previous year, the company earned $1.56 earnings per share. On average, equities research analysts forecast that FirstCash Holdings, Inc. will post 6.61 earnings per share for the current year.

FirstCash Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Friday, November 15th will be issued a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 1.42%. The ex-dividend date of this dividend is Friday, November 15th. FirstCash’s dividend payout ratio is 28.15%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in FCFS. Envestnet Portfolio Solutions Inc. boosted its stake in shares of FirstCash by 4.6% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 2,173 shares of the company’s stock valued at $228,000 after purchasing an additional 95 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp grew its position in shares of FirstCash by 5.6% during the 1st quarter. Mitsubishi UFJ Trust & Banking Corp now owns 2,376 shares of the company’s stock worth $298,000 after buying an additional 125 shares during the period. Parkside Financial Bank & Trust grew its holdings in FirstCash by 15.4% in the second quarter. Parkside Financial Bank & Trust now owns 1,230 shares of the company’s stock worth $129,000 after purchasing an additional 164 shares during the period. Fifth Third Bancorp grew its stake in shares of FirstCash by 1.0% in the 2nd quarter. Fifth Third Bancorp now owns 17,252 shares of the company’s stock valued at $1,809,000 after buying an additional 168 shares during the period. Finally, Whittier Trust Co. raised its stake in FirstCash by 62.2% during the 1st quarter. Whittier Trust Co. now owns 459 shares of the company’s stock worth $59,000 after buying an additional 176 shares during the period. Institutional investors own 80.30% of the company’s stock.

Wall Street Analyst Weigh In

Separately, TD Cowen decreased their price objective on shares of FirstCash from $134.00 to $130.00 and set a “buy” rating for the company in a report on Monday, October 28th.

About FirstCash

FirstCash Holdings, Inc, together with its subsidiaries, operates retail pawn stores in the United States, Mexico, and rest of Latin America. The company operates in three segments: U.S. Pawn, Latin America Pawn, and Retail POS Payment Solutions segments. Its pawn stores lend money on the collateral of pledged personal property, including jewelry, electronics, tools, appliances, sporting goods, and musical instruments; and retails merchandise acquired through collateral forfeitures on forfeited pawn loans and over-the-counter purchases of merchandise directly from customers.